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Technical Analysis

GBPJPY H4 | Potential Bullish Bounce off 23.6% Fibo?

TitleGBPJPY H4 | Potential Bullish Bounce off 23.6% Fibo?TypeBullish BouncePreference:Price has reversed from the previous bullish run, and could become bearish in the long run. If price reaches our...

EURJPY H4 | Potential Bullish Bounce?

TitleEURJPY H4 | Potential Bullish Bounce?TypeBullish BouncePreference:Price is approaching our pivot point at 157.99, which is a pullback support level. We can expect price to bounce off the pivot...

AUDJPY H4 | Potential bearish breakout?

TitleAUDJPY H4 | Potential bearish breakout?TypeBearish BreakoutPreference:Price is falling towards the pivot point of 93.036 which is an overlap support and could potentially break through this...

Bitcoin is Heading South: Potential Rise Ahead?

Bitcoin is slowly approaching the supporting level of 25000. First, the asset has formed a very narrow range between the levels 30000 and 31000 and then broke it. Now, Bitcoin has formed a new similar...

Hawkish FOMC Minutes Boost Dollar

USDJPY Rally ContinuesUSDJPY broke out to new highs for the year yesterday as the rally in the pair off the July lows continues to gather pace.  USD has seen strong demand over recent weeks against a...

USDCAD H4 | Approaching pullback support?

TitleUSDCAD H4 | Approaching pullback support?TypeBullish BouncePreference:Price is falling towards the pivot point of 1.35011 which is an overlap support that aligns close to the 23.6% Fibonacci...

USD Rally Weighing on Apple

Apple Holding on At SupportShares in Apple are trading a little higher ahead of the open today, offering bulls some hope that the correction from YTD highs might be coming to an end. The stock has...

AUDUSD Under Pressure As Unemployment Rises

Weak Jobs DataAUDUSD has come under fresh selling pressure today on the back of the latest Aussie employment data released overnight. The unemployment rate was seen moving up to 3.7% from 3.5% prior,...

XAUUSD Day | Bounce off support level?

TitleXAUUSD Day | Bounce off support level?TypeBullish BouncePreference:Price has just bounced off our pivot point of 1888.375 which is a pullback support level that. A bounce off from here, price...